BRP Group moves to acquire P&C provider Insurance Risk Partners

Baldwin Risk Partners Group (BRP Group) has announced that its subsidiary, Baldwin Krystyn Sherman Partners (BKS), has acquired all the assets of Insurance Risk Partners (IRP). Based in Oklahoma City, IRP is a provider of P&C insurance and additional consulting services. Founded in 2016, the firm’s client roster includes domestic and international infrastructure-focused private equity firms and their investment subsidiaries, as well as publicly-traded utilities, independent power generation facilities, and renewable power generation companies. A release said that IRP generated annual revenues of about $7 million. Following the acquisition, IRP will become part of and transition to the BKS Partners operating group.